Key notes
- Metaplanet issues $ 25 million in bonds to buy additional bitcoin.
- The deposit was fully sold in Evo Fund, maturation on October 31, 2025.
- Metaplanet aims to reach 100,000 BTC by the end of 2025.
The Japanese investment company, Metaplanet, announced that it issued bonds worth 3.6 billion yen (approximately 24.8 million dollars) to buy additional bitcoin. This follows a meeting of the Metaplanet Board of Directors on May 2, 2025, where they discussed the issue of the 12th series of ordinary bonds in Bondholder, Evo Fund.
The obligations should be reimbursed at their nominal value on the due date of October 31, 2025. However, the bond holder has the possibility of requesting an early redemption, either in whole, or in part, by subjecting a written opinion to Metaplanet no later than a working day before the desired redemption date.
Metaplanet plans to use the funds collected from the emission of bonds to extend its Bitcoin assets and work on its ambitious objective of accumulating 100,000 BTC by the end of the year. Currently, the firm has exceeded the milestone of 5,000 BTC.
In an opinion issued by Metaplanet, the company indicated that the funds for redemption these obligations should come from the product generated by the exercise of the 15th to the 17th series of rights to acquire shares. This provision means that the redemption of the obligation will depend on the requests of investors for securities linked to Metaplanet’s shares. If the product of these rights exceeds the specified thresholds, Metaplanet can choose to initiate reimbursements of partial early bonds. During the last negotiation session, Metaplanet’s shares closed at 428 yen, reflecting an increase of 8.6%.
At the time of the report, Metaplanet did not reveal whether the funds collected from the issue of bonds were used to buy additional bitcoin units.
Metaplanet’s quest to change the BTC ecosystem
Recently, Metaplanet announced the addition of David Bailey, the CEO of BTC Inc., to his advisory council. This decision is part of the company’s strategy to stimulate the adoption of bitcoin and solidify its position as a leading player in the Bitcoin ecosystem.
On April 14, Metaplanet confirmed that it had acquired 145 additional bitcoin units for $ 13.6 million at the time of purchase.
The growing trend of companies increasing their Bitcoin assets becomes more and more obvious day by day. Semler Scientific, for example, recently acquired 165 bitcoin for $ 15.7 million between April 25 and 29, bringing its total assets to 3,467 BTC.
This reflects a broader scheme of diversifying companies in Bitcoin, which more devotes the presence of cryptocurrency in institutional investment portfolios.
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Rose is a writer of cryptographic content with solid experience in finance and technology. It simplifies complex blockchain and cryptocurrency subjects, offering insightful articles and market analysis to help readers sail in the evolving cryptography landscape.
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